The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
Banks in India are expected to cut lending rates by up to 50 basis points by September as there is sufficient liquidity in the system.
Demonetisation impact, earnings growth, central bank policies will get attention.
IDS-2 and raids to uncover black money stash keep receipts flowing
The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
The industry expects Iran to purchase at least 1 million tonnes this financial year
The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.
Enfield enjoys almost the entire 250-350 cc motorcycle market in country
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.
GNPAs of public sector banks are now at a staggering 11.2 per cent of their advances.
Three stockmarket experts give their best picks for the New Year.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
The report, however, said a sustained weakness in USD against the emerging market forex remains a key risk to this view.
'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'
Infosys, however, cut 2017-18 revenue growth guidance to 5.5-6.5 per cent from 6.5-8.5 per cent in constant currency.
On a sequential basis, banks have had to set aside a substantial amount for bad loans, up 30 per cent from Rs 3,459 crore in the June quarter to Rs 4,508 crore.
Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.
Tata Steel's domestic operations have been its cash cow.
Loss takes analysts by surprise, as they were expecting the bank to post a net profit of Rs 19 billion.
The global demand recovery is likely to stay sluggish.
With inflation down, the government's twin deficits are largely under control.
With infrastructure claiming a larger share, movement and distribution of cement is bound to change.
The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
The positive bias was aided by metal, realty and auto indices
Infrastructure stocks are once again gaining traction.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
ONGC was the top performer while private banking major ICICI Bank extended gains
'We expect the Reserve Bank of India to deliver a 25 bps rate cut in April to support growth.'
RIL's standalone net profit rose one per cent quarter-on-quarter
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent.
The latest infusion brings the total capital pumped into Amazon's e-commerce business in India to Rs 22,390 crore
How has the note ban affected newspapers and the rest of the media?
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